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Americas Best Value Inn Marion, IL 1802 Bittle Pl 64 Room Hotel Marion, IL 62959 $2,950,000 ($46,094/Room)
INVESTMENT HIGHLIGHTS
- High Traffic and Visibility
- Located Adjacent to Rt.13 & I-57
- Easy Access
EXECUTIVE SUMMARY
Prime Investment Opportunity: 98-Room Hotel with Bar and Liquor Store - Don't miss out on this opportunity to own a spacious 98-room hotel, with over 55,000 square feet
of space on 2.68 acres in a highly visible location just off I-57! Whether catering to business travelers, tourists, or long term guests, this property offers the perfect blend of comfort,convenience and profitability. Guests can enjoy the on-site bar, providing a place for relaxation and socializing. Additionally, the package liquor store and gaming ensures steady income and adds to the hotel's appeal. With plenty of square footage and endless potential for upgrades, this property is an attractive investment in the hospitality industry. Don't miss out on this unique offering-----schedule a tour today and explore the possibilities.
of space on 2.68 acres in a highly visible location just off I-57! Whether catering to business travelers, tourists, or long term guests, this property offers the perfect blend of comfort,convenience and profitability. Guests can enjoy the on-site bar, providing a place for relaxation and socializing. Additionally, the package liquor store and gaming ensures steady income and adds to the hotel's appeal. With plenty of square footage and endless potential for upgrades, this property is an attractive investment in the hospitality industry. Don't miss out on this unique offering-----schedule a tour today and explore the possibilities.
PROPERTY FACTS
| Price | $2,950,000 | Building Size | 55,049 SF |
| Price Per Room | $46,094 | No. Rooms | 64 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1967/2004 |
| Property Subtype | Hotel | Parking Ratio | 1.78/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.68 AC | ||
| Zoning | C - Commercial | ||
| Price | $2,950,000 |
| Price Per Room | $46,094 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.68 AC |
| Building Size | 55,049 SF |
| No. Rooms | 64 |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2004 |
| Parking Ratio | 1.78/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
AMENITIES
- Business Center
- Pool
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 64 | $86.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $746,410 | |
| Land Assessment | $75,930 | Total Assessment | $822,340 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$75,930
Improvements Assessment
$746,410
Total Assessment
$822,340
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Americas Best Value Inn Marion, IL | 1802 Bittle Pl
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